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2000 Annual Report Back to Menu PDF (322 kb) 2001 04 10 HM |
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28 Anadarko Canada Corporation Anderson BP Canada Energy Company Burlington Resources Canada Canadian Hunter Exploration Ltd. Chevron Canada Resources Crestar Energy Encal Energy Ltd. Enerplus Group Gascan Resources Ltd. Gulf Canada Resources Limited Husky Energy Inc. Imperial Oil Limited Maxx Petroleum Ltd. Murphy Oil Company Ltd. Nexen Inc. Northstar Energy Corporation Numac Energy Inc. PanCanadian Petroleum Limited Passage Energy Inc. Penn West Petroleum Ltd. Petro-Canada Resources Pointwest Energy Inc. PrimeWest Energy Inc. Shell Canada Resources Ltd. Suncor Inc. – Resources Group Talisman Energy Inc. 100 Adams Pearson Associates Inc. Advanced Geotechnology Inc. AGRA Earth & Environmental Ltd. C,ESU Air Liquide Canada Inc. Alpine Environmental Ltd. Amtech Aeronautical Limited Aqueolic Arkril Enterprises Barlon Engineering Group Inc. Benhope Energy Inc. BJ Services Company Canada Boreal Laser Inc. Bowridge Resources Group Inc. Brine-Add Fluids Ltd. Canwell Enviro-Industries Ltd. CE Franklin eBusiness Centre for Passive Sampling Technology CHEM-PET Process Technology Ltd. Clean-flo Gas Filtration Systems (1987) Ltd. Clearstone Engineering Ltd. Colt Engineering – Computalog Ltd. Computer Modelling Group Ltd. D.E. Towson and Associates Inc. Digital Oilfield Inc. Duke Engineering Services e-Energy Inc. ElectroBusiness.com Engineering Seismology Group Canada ESG International Ltd. Fire Creek Resources Ltd. G-Chem Environmental Ltd. Global Industrial Solutions Network Inc. Governors Technologies Corporation GTI E&P Services Canada Inc. Gowling Lefleur Henderson Halliburton Energy Services HCI Canada Hycal Energy Research Laboratories Ltd. IVRnet John Zink Canada KBL Land Use Consulting Ltd. Komex International Ltd. KPMG Consulting - Oil & Gas Practice KPMG High Technology Practice Group Kudu Industries Lionhead Engineering & Lloyd Energy Inc. Lockheed Martin Ness – Mitchel Field Macleod Dixon Mactronic Ltd. Matrix Solutions Inc. 19 Ayasse, Conrad Burnside, Wayne Carleton, Mike Century, Jack Driedger, Dirk Elias, Craig Logan, Al Maier, Len Mathew, Roy McCann, Tom Neulander, John Penhale, Bill Porteous, Bob Putt, Ken Stephens, Mark Todd, Murray Tzanco, Elena Willson, Diana Wilson, Kenneth 7 Alberta Sulphur Research Ltd. C-FER Technologies Inc. Natural Resources Canada (CANMET) Petroleum Technology Research Centre Saskatchewan Research Council TIPM Laboratory (Perm Inc.) 3 University of Alberta University of Calgary University of Regina, Faculty of Engineering 3 Alberta Energy Research Institute (AERI) Province of British Columbia Saskatchewan Energy and Mines Founding Supporter: Canadian Business Networks Coalition (CBNC)
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Facilitating Innovation, Technology Transfer and Research & Development in the Upstream Oil & Gas Industry 2000 Achievements 1999 Key Accomplishments Message from the Board of Directors PTAC continued to grow in 2000 and realized several significant milestones. We added 60 new members, hosted 30 Technology Information Sessions, sponsored 9 workshops and forums and facilitated the launch of a record 38 R&D projects valued at $30.8 million. PTAC has facilitated the launch of 89 R&D projects valued at $42 million since inception in 1996. The results for many of these projects have been provided to funders and whenever possible, been made available to the public via our website.In December 2000, PTAC and Gas Technology Inc. (GTI) signed a three-year contract for
PTAC to provide a Canadian Regional Technology Transfer Agent (RTTA) Program for natural
gas. This has resulted in a significant expansion for PTAC with the establishment of a
Natural Gas Technology Centre and the hire of three additional staff. We recently moved to
new office space to accommodate the expansion and to PTAC hosted our first safety event, a forum on "Ways and Means to Reduce Wildlife/Vehicle Strikes on an Industry-Wide Basis." The response to this and subsequent driving safety events has been very positive. Two Environmental research groups, the Soil Long Term Planning Committee and the Salinity Working Group, were formed in 2000 to provide direction on research needed in these technical areas. Our collaborative approach to challenges faced by the industry has proven to be very effective in facilitating innovation and change with a diverse group of stakeholders. On behalf of the Board, we would like to express our appreciation to PanCanadian Petroleum for the provision of office space and services support to PTAC since December 1998. This support has been instrumental to our success over the past two years. We would also like to thank PTAC staff and volunteers for their contribution to the planning and holding of events and the initiation of new R&D needed by the Canadian upstream oil and gas industry.
Projects Completed A total of 29 PTAC facilitated projects have been completed to date and the results reported to funders and whenever possible, to other interested parties. Most project results have been made available through PTAC, however some project results are proprietary and only available to funders. The following 11 projects were completed in 2000. Environmental
Conventional Heavy Oil
Projects Launched Drilling
Environmental
Natural Gas Production Oil Sands Reservoir Recovery / Geoscience Well Completion * Launched in conjunction with Coordination of University Research for Synergy and Effectiveness (COURSE) ** Results completed and reported to funders in 2000 Outlook PTAC expects the RTTA Program for natural gas to generate considerable demand for technology transfer events and information that will assist in the challenge of expanding an economical and environmentally friendly supply of natural gas for North American energy markets. The additional capability provided by the program to PTAC members and industry is expected to expand our role as a facilitator and increase the value that stakeholders realize from our services. PTAC recently initiated a widespread survey on Canadian upstream oil and gas technology and research needs and expertise across all technical areas. The survey results will be utilized by PTAC to determine priorities for events and initiatives, and be incorporated into an overall R&D Strategy document. We plan to release the requirements for utilization by government, academia and industry in an effort to facilitate the required R&D related investment, initiatives and resulting application of new technology. We expect to see new technical groups or initiatives in the areas of: flaring; greenhouse gas (GHG) and fugitive emissions; human, ecological and animal health; heavy oil enhanced recovery; driving safety; and fundamental research. We have set a goal of launching a minimum of 30 projects with a value of $10 million in 2001. We are predicting a significant increase in our annual budget to $1 million based on the RTTA Program funding and our growing membership and event revenue. PTAC will continue to encourage member participation in workshop and forum planning to ensure collaborative R&D is focused on relevant issues. Board Alan Archibald, Chairman, PTACPresident, Pointwest Energy Inc. Larry Bell, Past Chairman, PTACVice President Operations Services, Gulf Canada Resources Limited Eric Lloyd, President, PTACPetroleum Technology Alliance Canada Denis Gaudet, Director,Technology Transfer, PTAC Petroleum Technology Alliance Canada Bob Hill Technology and Operations, Canadian Energy Pipeline Association (CEPA) Eddy Isaacs Alberta Energy Research Institute Rich Kerr Neil McCrank Frank McIntrye Rainbow Lake, Husky Oil Operations Ltd. Pat McLellan Geotechnology Inc. Brian Moreland Burlington Resources Canada Energy Ltd. Bruce Peachey Engineering Ltd. Ken Putt Laurie Schramm Energy Technologies Alberta Research Council Bruce Stewart Natural Resources Canada (CANMET) Bill Svrcek Chemical and Petroleum Engineering, University of Calgary Paul Swinton Technology Manager, BP Canada Energy Company Murray Todd Don Towson National Research Council’s Industrial Research Assistance Program (IRAP) – Hosted at Petroleum Services Association of Canada (PSAC) Membership by Category The number of PTAC members increased to 155 by year-end 2000. PTAC signed up our 160th member in March 2001, continuing our pattern of steady membership growth. Our current members produce approximately 60% of Canadian Conventional Oil and Gas.
Project Expenditure by Technical Area PTAC has facilitated the launch of 89 projects valued at $42M since inception in 1996.
Financials Auditor’s Report We have audited the financial statements of PTAC Petroleum Technology Alliance Canada for the year ended December 31, 2000 and have reported thereon without reservation under date of January 19, 2001. The accompanying summarized balance sheet and summarized statements of revenues, expenses and surplus have been prepared from the audited financial statements. In our opinion, the accompanying summarized balance sheet and statements of revenues, expenses and surplus fairly summarize the information as to the financial position of PTAC Petroleum Technology Alliance Canada and the results of its operations contained in the audited financial statements.
Summarized
Balance Sheet
The complete audited
financial statements of PTAC for the year ended Summarized Statements of Revenues Expenses and Surplus for the year ended December 31, 2000, with comparative figures for 1999.
The complete audited financial statements of PTAC for the year ended December 31, 1999 are available from PTAC offices upon request. Technical PTAC now has 12 Technical Areas of interest and over 3600 contacts in:
Sessions PTAC hosted 30 Technology Information Sessions attended by a total of over 800 participants in 2000. These sessions provided our members with the opportunity to obtain funding and technical input for proposed R&D, learn about new R&D initiatives and emerging technology, report on project and field test results, and transfer and market new technology in the conventional oil and gas industry. If you have a particular technical focus area that needs to be addressed, please contact PTAC with your ideas. Workshops and Forums PTAC sponsors workshops to provide opportunities for people to clearly define R&D issues and identify potential solutions and the best approach to move forward. Potential suppliers of R&D have the opportunity to hear first hand about such issues and to contribute their expertise and ideas for solutions. PTAC hosts the workshops and provides the necessary facilitation, administrative support and coordination to launch projects. When required, PTAC widely distributes Request for Proposals (RFPs) with Expressions of Interest for each priority issue from workshops. Once we have identified those who will consider supporting the R&D, proposals are then solicited from potential suppliers. PTAC brings together the interested organizations in a structured way that leads to new R&D, while protecting proprietary interests. In 2000, PTAC sponsored four workshops in Drilling, Environmental (Flaring and Soil Remediation) and Reservoir Recovery. Forums that are focused on a specific need or technical area are conducted to communicate information on new technologies or case studies, or on the objectives and results of current research. Five forums were held in 2000: the Annual Environmental
Forum, Over 700 people participated in these nine workshops and
forums The continued involvement of industry personnel is needed by PTAC in 2001 to plan workshops or forums in areas such as Environmental, Drilling, Heavy Oil, Natural Gas, Well Completion, and Reservoir Recovery. We encourage you to contact PTAC if you have ideas for such workshops, forums or working groups. Collaboration PTAC believes that working with industry associations and regulators to jointly plan and sponsor events and distribute information is an important component of the overall approach to collaborative R&D and technology transfer. When our approach yields potential solutions to industry challenges that are not R&D related, PTAC will transfer those items to interested associations or regulators for their further development and implementation. |
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| For further information or printed copies of PTAC's Annual Reports please contact: | |
PTAC Petroleum Technology Alliance Canada Suite 750, Hanover Place 101 - 6th Avenue S.W. Calgary, Alberta T2P 3P4 website: www.ptac.org Eric Lloyd, President Denis Gaudet Arlene Merling Jane Arnall Brenda Belland Lorie Frei Kerri Markle Tannis Such |
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